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<br /> ` � If MORTGAGO� difauTts� Yn the p8yr�ent of any mcntkly � � �
<br /> � `in�tall�nt<, of principaY and fntecaat far,a�ore,than SIX1`Y (6d)• .
<br /> ds�s, ote �fafis to p�rfor� sny of tfi�� oth�r sgcee�ents. !n this
<br /> ` � aortqa��, !l�RTGAGEE� :t !lORTG1�GE�'S election, aae►y declara the
<br /> anttr� d�bt s�cured by this aortQaqe due and payable at onc�, •
<br /> � � and fo�aaloa� -this ea�t9aqe- far satisfactfcn a� Lhe � total � —
<br /> a�ount du�. , � �
<br /> - l�OItTGAGOA agrees to fnsure and keep inaured the v_
<br /> f�provewents on tl�e real estata for protectfon aqainst fire and
<br /> � other casua�.tie`s in a aum of at least the unpafd balance of , _
<br /> -- prfnafpal of the proufssar� note aed to carry the insurance - � —
<br />-. . vith a' cesponsible iaaurance cowpany �.duly 2lcensed Ea do • .
<br />- business: in the State of Nebraska. The insurance policy is to —
<br /> be endarsed With a nertgage clause_ with loss payabl�e ta —
<br /> i-�. - � I�QItTGAGOR 1�ND MORTGAGEE, as thefr interests appear. Inaurance �_,vs=-�=
<br />-__ proceed� receivad a�ay be used to pay for reconstruction of the �-_"____
<br />_-- destroyed improvements, ot, if pot applied far this purpose, . �,_;,�,_---��.
<br />__ aay, at the option of the MORTG�GEB, be applied ia payment of �`�.�
<br />== all or any pact of �he unpaid indebtedaess secured by thf s . �..�-�_�_
<br />== wortgage�. If MORTGAGOR fafls to carry the insurance required ��_--
<br />.=-�' � by this. paragraptt, MOATGI�GB6 may purchase_the insueance� an8 is �=_��y
<br /> " - given a lien secured by this martgage for the amounts� advainced� . • t�;
<br /> ,.��
<br /> :, ,.';r%-=
<br /> for payment of premfums Wfth fnterest at the htghest legal �'~•�-�:�%�_.
<br /> � � � rate. MORTGAGOR is to furnish MORT�I�GEE �fth�:a�c�rtiffcate , �;—. - =�
<br /> �'- from �he insurance cumpany insuring the improveaents of the �'� �.�� " 's�
<br /> ��3` � . real estate for evidencing MORTG�GOR has acqaired the insurance � ����
<br /> ��f` � to be carried on the impxaven�ents of the real estate, the ''����
<br /> _ '�,:�. . : : -� •.- —
<br /> �, � c�rtfficate to contaia a clause the insurance poliey cannot be
<br /> � � °•`'�.r.�-:«;.
<br /> • � cancelled wfthout at least thirty (30) days' prfor written ���:r:.,�'�.
<br /> ": notice to MORTGAGEE. . _ '��- ��
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<br /> •�.s. ,, y���r�.:.:
<br /> .o-..�:.;: .°�-.
<br /> ��„'.; ' If the MORTG�iGEE brings an action to foreclose ,this =��?,-, - - -
<br /> . - -;,�r�;. � mortgage, tlte conrt �aay appaint a receiver to take poasession _ _ i_-_�_ _-;�=-�
<br /> ` of the real estate, as provi de d by law. � `���
<br /> � `., ='�4-`�
<br /> Apy failure or delay of MORTGAGEE to exercfse any of , `���
<br /> MORTGAGEE'S ��ghts or privileges under this inortgaqe sball nat `�"�'-�
<br /> � be construec3 as a.waivec of such ri ht or rfvi2ege. An act .
<br /> ,_ q P Y h° �`s.;�-.__.
<br /> � of �IORTGAGEE waswnrag any specific default uf MORTGaGOR shall � ���-.� ���-�=—
<br /> f(.LY.-
<br /> . ./!i'
<br /> ��:� not `be conss�ruQd as a waivac of any future defaults. ' , ��.�`�-
<br /> - . '��=�.
<br /> • .ry. `, ,'l . . . . . . -
<br /> MORTGA�±� covenants wa�C� �IORTGAGEE that MORTGAGOR will not, i,`�;�<<� ` �'��;;=°
<br /> directly or indirectly, moctgage, p g ' �"�`' � � ��� � 3'�j
<br /> ` led e or enaumber the real .- :.�::'���
<br /> ��t;_ �,.�--=�-
<br />• ' estate or assign or attempt eo assfgn the rent� and proEits ,, , , ,.-:•��;�-;��,
<br />• • •�;- from the real estate other than the lien .o� this mortgage. � ;.•.: , . ���;
<br /> f•� MORTGAGOR aegrees MORTGAGOR will not in any other manner impafr �i'.;,� � '�__-rT=:
<br /> F':,,,,
<br /> • � or theeateea the value ef �E�� real estate �Eoe the security of f..: ��;• -. �--�
<br /> � `�' ';.`;,:� the MORTGAGEE. `. . ,
<br /> . `.�.�r ; ' ?;'�-�
<br /> "��' � - ' ���'i
<br /> ,�.r��"t� MORTGAGOR agrees not to pecmit any waste in or about the
<br /> �r•_. .,
<br /> •%�::=:-� �• •�� real estate and not to use the real eatate for any purpose �
<br /> � r- ,�r.....;;. - increasing the likelihood of fire or othec casualties. � ;--------- -
<br /> .�''�'>,r._---. ,
<br /> �-_-.r �� .
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<br /> MORTGI�GEE AND MORTGAG�E'S agents ahall have the right to
<br /> � =;���:� � inspect the ceal estate or any pact thereof during reasonable ; .
<br /> � .���`�'�'� � � hours or at anytlme f£ MORTGAGOR fails � to continue in :
<br /> ' ��'��"'�r�:-- �� oseassion o£ the real estate. `
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